Charter & Fractional
News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.
High charter costs are driving high-end travelers into the arms of aircraft brokers.
According to its website, the Alpha Star fleet includes 19 Airbus, Gulfstream, Hawker and ATR aircraft.
In the UAE and Saudi Arabia, companies are investing time and effort to get eVTOL air services up and running with all-electric aircraft in 2025.
According to the JetASAP report, fliers saw an overall 4.5 percent increase in hourly charter rates between October and November.
The country's air safety regulator has published draft guidelines on the vertiport landing sites that will be used by new eVTOL air taxi services.
While one business aviation market participant expressed optimism about Saudi Arabia, another said the kingdom is not doing as well as it should.
A dearth of available aircraft has seen it turn away charter opportunities.
Private jet travel is rebounding 'incredibly fast' post-pandemic in the Middle East and North Africa region, according to UAS International Trip Support.
The company estimates the Middle East brokerage market has reached critical mass, with at least 30 competitors.
The seed of the idea to offer fully certified air ambulance dovetailed with the launch of a state-of-the-art medical center in Amman, Jordan.